Should I short or add to my Ethereum position? Crazy chaos on July 22! The academician of the currency circle reveals the latest market trends. The retracement battle is in full swing. Is it time for the big guys to reap the rewards?

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As of 4:00 a.m. before press time, the current price of Ethereum is around 3490. The up and down range is greatly affected by the big cake. The lower shadow of the daily K-line becomes longer, the EMA trend indicator shrinks and stretches, and EMA15 is about to reach the high support point of the EMA trend indicator near 3365. KDJ shrinks, MACD increases in volume, DIF and DEA are about to end polarization, and the Bollinger Band opening is weak. The upper track has not been too high and has been around 3635, indicating that the upper pressure is relatively strong. After receiving the news, there is a high probability of technical retracement. Pay attention to the middle track support point of 3245. The four-hour K-line continuously tests the upper previous high pressure level of 3540 and has not broken through. The fast and slow lines of the EMA trend indicator are separated. The larger volatility is an opportunity and a risk. Overall, the risk is greater than the benefit. For novices, the best way is to eat melons. This continuous test of the upper pressure level is obviously a trap, whether it is long or Even if you are short, you can wait for the opportunity. KDJ spreads upward, Bollinger bands are sideways, and the four-hour K line stretches from the middle track support 3480. The upper pressure level focuses on 3560. The lower track important support has fallen below 3400. The overall distance from the upper 3540 to the lower 3350 support is 200 points. The general trend is bullish. It is most stable to arrange after stepping back on the support.

Short-term ideas for reference:

Short from 3530 to 3550 above, defense from 3610 to 3630 to cover short position, stop loss 30 points, target 3450 to 3400,

Focus on 3330 to 3300 below, prevent 3250 to 3230 to cover long position, stop loss 30 points, exit 3400 and pocket 3450, suggestions are for reference only and risks are borne by the user #ETH #ETH合约 #以太坊合约 #热门趋势 #热门内容 $ETH